Common use of Guarantor Liabilities Clause in Contracts

Guarantor Liabilities. The liabilities of Guarantor are primary and independent of the Obligations, and a separate action may be brought and prosecuted against Guarantor whether such action is brought against Borrower or any other guarantor or whether Borrower is joined in any such action. The liability under this Guaranty is exclusive of liability under any other guaranties executed by Guarantor for the benefit of Lender or any company related to Lender.

Appears in 2 contracts

Samples: Continuing Guaranty Agreement (Resourcephoenix Com), Continuing Guaranty Agreement (Resourcephoenix Com)

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Guarantor Liabilities. The liabilities of Guarantor Guarantors are primary and independent of the Obligations, and a separate action may be brought and prosecuted against Guarantor whether such action is brought against Borrower Lessee or any other guarantor guarantor, including another Guarantor, or whether Borrower Lessee is joined in any such action. The liability under this Guaranty is exclusive of liability under any other guaranties executed by Guarantor for the benefit of Lender Lessor or any company related to LenderLessor.

Appears in 1 contract

Samples: Continuing Guaranty Agreement (Ingenex Inc)

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Guarantor Liabilities. The liabilities of Guarantor are primary and independent of the Obligations, and a separate action may be brought and prosecuted against Guarantor whether such action is brought against Borrower or any other guarantor or whether Borrower is joined in any such action. The liability under this Guaranty is exclusive of liability under any other guaranties executed by Guarantor for the benefit of Lender or any company related to Lender. 4.

Appears in 1 contract

Samples: Security Agreement

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